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Non-Tech : caution on discount internet brokers

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To: David Bogdanoff who wrote (2)4/5/1997 12:03:00 PM
From: soozathelooza   of 22
 
david,

i've been with lombard for quite a few years.
i've been happy with them for the most part.
although i believe at this time they are struggling
to keep up with an explosion of new clients.
i've been having problems with trades being executed at a
snails pace. and yesterday i was receiving inaccurate
bid/ask spreads and hi/low information.

when there is a problem with the net, it is nearly impossible
to get thru via telephone.

until they upgrade their servers and work out the bugs,
along with hiring new brokers (order takers),
i would NOT recommend lombard as an internet trading vehicle.

paul.
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